This week’s episode was recorded in Helsinki, Finland. Jason studies the economies of all the countries he visits and believes traveling to be an important educational experience. He shares an article which supports his long-held opinion that the rental market in the US is growing by way of demographics and rising home prices.

The month of October brings the 2017 tax season to a close. Jason brings Fernando and Zack on the show to showcase the organizational tools and portfolio management options available through the newly upgraded Property Tracker 2.0.

The Property Tracker software makes creating Schedule E’s, depreciation schedules and other tax forms easy as well as a robust calendar which keeps track of all of your income properties important dates.

Our movements and habits are being tracks more and more with each passing year, and even sometimes days. All of that data can come in quite handy when you're looking to buy commercial real estate. Where are your customers coming from? Where are they going? How long do they spend in your location? This knowledge can be crucial when you're considering purchasing a property.

Donna Salvatore is CEO and Founder of Megalytics, a company designed to take big data and decipher it for real estate investors, both big and small. Donna has worked with SaaS and IT companies for the past 22 years, and previously provided venture equity and debt financing for a decade.

Key Takeaways:

[2:28] Some areas of big data that commercial real estate investors that Megalytics can track

[6:14] Has the retail apocalypse peaked yet?

[10:18] What is the social media score and property management score that Megalytics provides?

[15:29] The explosion in available data and what it looks like going forward

[19:11] Big data isn't just for big commercial real estate investors, landlords of single family homes can use it as well

Jason welcomes Patrick Donohoe of The Wealth Standard Podcast to discuss the dirty details of pensions, insurance policies and Ponzi schemes. Jason describes the difficulties and common mistakes average retail investors make when investing in financial services. And, Pat gives a comprehensive overview of how to make the most of your existing policies in order to invest your money in the most historically-proven asset class, income property.

Key Takeaways:

[1:15] Is the US a giant Ponzi scheme?

[4:21] Understanding the difference between pension benefit plans and contribution plans is essential.

[14:05] The financial service industry preys on retail investors.

[19:39] Harry Markopolos is waiting to capitalize on a market correction.

[25:59] Analyzing the patterns and mistakes of the middle-class investor.

[34:17] The Wealth Standard Podcast focuses on helping individuals understand the comprehensive nature of the economy.

[36:39] Pat explains how policyholders can reduce their risk and get investment money for cash-flow properties.

In the early 1980s Seth Merrin was an intern on Wall Street who saw ways the industry could change for the better. His first startup was an order management software that asset managers around the world use. He later created the company Liquidnet Holdings that allows institutional investors to trade large blocks of stock.

Jason Hartman caught up with Seth to talk about his newest book, The Power of Positive Destruction, and how business owners can take ideas from other industries and disrupt theirs.

Key Takeaways:

[1:01] The premise for the Power of Positive Destruction

[3:05] Taking things from one successful industry, and applying them to your different industry, can provide huge boons

[5:50] The positive destruction created by companies like Uber, Lyft, AirBnB, etc

[9:14] The art and science of launching a company

[12:39] How Seth applied the principles from his book on his own companies

[16:20] Whether Wall Street is swinging back toward being an institutional game, and how Seth's platform plays in that

[21:18] The idea of corporate responsibility, and how the proceeds from the book sales are going to help house the orphans of the genocide in Rwanda